Bureau of Economic Analysis

March 31, 2023

Gross Domestic Product by State and Personal Income by State, 4th Quarter 2022 and Year 2022

Real gross domestic product (GDP) increased in 46 states and the District of Columbia in the fourth quarter of 2022, with the percent change in real GDP ranging from 7.0 percent in Texas to –4.3 percent in South Dakota.

Personal income increased in 48 states and the District of Columbia in the fourth quarter of 2022, with the percent change ranging from 15.3 percent in Massachusetts to –2.5 percent in Colorado.

Current Release

Principal Federal Economic Indicators

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Gross Domestic Product
Q4 2022 (3rd)
+2.6%
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Personal Income
February 2023
+0.3%
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International Trade in Goods and Services
January 2023
-$68.3 B
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International Transactions
Q4 2022
-$206.8 B
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Gross Domestic Product by State and Personal Income by State, Year 2022

March 31, 2023

Real gross domestic product (GDP) increased in 42 states and the District of Columbia in 2022, with the percent change in real GDP ranging from 4.9 percent in Idaho to –2.4 percent in Alaska.

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Gross Domestic Product by State and Personal Income by State, 4th Quarter 2022

March 31, 2023

Real gross domestic product (GDP) increased in 46 states and the District of Columbia in the fourth quarter of 2022, with the percent change in real GDP ranging from 7.0 percent in Texas to –4.3 percent in South Dakota.

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Personal Income and Outlays, February 2023

March 31, 2023

Personal income increased $72.9 billion, or 0.3 percent at a monthly rate, while consumer spending increased $27.9 billion, or 0.2 percent, in February. The increase in personal income primarily reflected an increase in compensation. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 4.6 percent in February, compared with 4.4 percent in January.

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Gross Domestic Product (Third Estimate), Corporate Profits, and GDP by Industry, Fourth Quarter and Year 2022

March 30, 2023

Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2022, after increasing 3.2 percent in the third quarter. The increase in the fourth quarter primarily reflected increases in inventory investment and consumer spending that were partly offset by a decrease in housing investment.

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U.S. International Investment Position, Year 2022

March 29, 2023

The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$16.12 trillion at the end of 2022, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Assets totaled $31.68 trillion, and liabilities were $47.80 trillion. At the end of 2021, the net investment position was –$18.12 trillion.

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